Refinance.com Cites Lowest Mortgage Rates Since March 2004 After Latest Fed Action
New York, NY (Business Wire) 31 January 2008 – will
Refinance.com, the nation’s premier source for home mortgage refinancing fixed mortgage rates at their lowest level since March 2004. After today’s actions by the Federal Reserve interest rate limits and following last week’s emergency rate, Refinance.com sees a great opportunity to take the owners to benefit from these low mortgage rates.
“Recent interest rate cuts by the Federal Reserve to contribute the lowest mortgage rate 30 fixed annual reports since March 2004 and Refinance.com 30 years fixed rates as low as 5.5 percent, with zero points,” said Nicholas Bratsafolis, Chairman and CEO Refinance.com. “The mortgage market is increasing evidence of a return to liquidity for many homeowners who need to refinance the mortgage Adjustable rate fixed. We ask the owner immediately to the lenders that specialize in mortgage refinancing and explore various alternatives such as fixed-rate loans insured FHA, added he added.
owners can use immediately historically low mortgage rates, reduce their monthly payments and enter into the payment certainty of a fixed rate mortgage, possibly with an FHA loan. Refinance.com offers dozens of programs tailored to the specific situation of each borrower with his vast experience and almost twenty years in the mortgage refinancing. Owners should refinance this time as an ideal opportunity to have their mortgage at a historically low fixed rates.
Only FHA-approved lender
FHA offer secured loans, the mortgage provides insurance for these loans. Refinance.com has created an online resource for borrowers, guaranteed home with an FHA loan refinancing refinancing. Information, rates and mortgage calculators are available from www.refinance.com or call 1-800-734-REFI.
week “last, reduced the Fed funds rate target to 3.5 percent loan. Today is cutting the rate to 3.0 percent, and we believe that this new cut and further action by the mortgage industry, which disturbed has so dramatically stabilized in recent months, “said Mr. Bratsafolis.
About Refinance.com: Refinance.com is one of the nations leading mortgage companies with nearly twenty years mortgage refinancing expertise. The company has helped thousands of customers achieve their goals at home refinancing, with its many opportunities and mortgage refinancing, and specializes in FHA mortgages. Founded in 1989, Refinance.com is in New York with offices in Syosset, New York and Boca Raton, Florida. More information including mortgage rates and mortgage calculators is available at www.refinance.com.
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Fixed Rate Mortgage